Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that after the previous update, price first dropped toward $3959 and swept the liquidity resting below $3969. After this liquidity sweep, buyers stepped in and pushed Gold higher toward the important $4040 supply zone. Once price reached this area, sellers became active…
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Gold Analysis:By analyzing the #Gold chart on the 2H timeframe, we can see that since the previous update, price has experienced heavy and unstable volatility inside the $3960 – $3980 demand zone. Several factors are currently affecting Gold at the same time, including rising tensions around the Strait of Hormuz, renewed conflict in southern Iran…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that after the previous analysis, price first moved slightly higher toward the $4060 – $4080 supply zone. Once Gold entered this area, sellers stepped in aggressively and pushed price down toward $3973, delivering more than 1070 pips of movement. Currently, Gold is…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that price followed yesterday’s scenario almost perfectly. Gold first dropped sharply from around $4017 toward $3984, reaching the downside area we had been monitoring. After entering this demand zone, buyers stepped in as expected and pushed price back toward $4033. Later, the…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that after last week’s analysis, price continued moving lower and has already reached the $4003 region. In my view, this bearish move is not finished yet. I still expect stronger downside pressure today or tomorrow, and Gold may soon break below the psychological $4000 level. Before that happens,…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that after the previous update, price started another bullish move and reached the $4138 region. After this rally, Gold entered a corrective phase and dropped toward $4073 following another statement from Trump. Currently, Gold is trading around $4105, and the market remains…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that after the previous analysis, the initial correction we expected did happen. However, price did not stop with a simple pullback. Fresh geopolitical tensions entered the market after renewed attacks between Iran and the United States, which pushed risk sentiment sharply higher.…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that after the previous analysis, Gold reacted exactly from the expected level and rallied toward the $4169 region, delivering more than 350 pips of movement. After that bullish move, price entered another correction and dropped toward the $4116 region. Once Gold reached…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that after the previous analysis, Gold first corrected toward the $4155 region. However, with the new weekly session open, buyers stepped in again and pushed price higher toward $4203, sweeping the liquidity above the previous $4195 high. After this liquidity sweep, Gold…
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Gold Analysis: By analyzing the #Gold chart on the 2H timeframe, we can see that after the previous update, Gold followed the bullish scenario and first pushed toward the $4120 region. After that, the move continued even stronger as the U.S. Dollar Index weakened, helping Gold extend its rally all the way toward $4195. Currently, Gold…
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